Onyze
Onyze is a Madrid-based Crypto-as-a-Service platform, founded in 2018, that provides regulated digital asset custody, exchange, and AML compliance through a white-label API to financial institutions, fintechs, and asset managers across Europe.
- Company typePrivate
- Founded2018
- HeadquartersMadrid, Spain
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Onyze does
Onyze Digital Assets S.L. is a Madrid-headquartered Crypto-as-a-Service (CaaS) platform founded in 2018 that provides regulated digital asset infrastructure to financial institutions, fintechs, and asset managers across Europe. The company delivers a unified API that bundles three product lines: a regulated custody solution storing up to 99% of client cryptoassets in insured, high-security infrastructure; an exchange module supporting instant trading of more than 10 digital assets directly from vault; and an in-house crypto AML engine performing automatic risk analysis and regulatory reporting. Onyze's distribution model is B2B API-first and white-label, enabling clients to embed crypto services under their own brand while outsourcing the underlying regulatory and operational stack.
The company's competitive position is anchored in regulatory licensing rather than technology novelty. Onyze is registered as a custody and exchange provider with the Bank of Spain, became the first company to hold an exchange and custody license in Andorra, and was selected for both CNMV regulatory sandboxes (I and II). It also maintains 5AMLD compliance and benefits from a CDTI Neotec grant underwriting its algorithmic fraud-detection engine. Go-to-market is enterprise-direct via website contact flows, professional networking (LinkedIn), and trust-signal marketing through marquee logos including IBM, KPMG, Allfunds Blockchain, CipherTrace, Imantia, and MerkleScience. Revenue mechanics are subscription and transaction-based, quote-priced per engagement, with no public pricing tiers disclosed.
Onyze is privately held and venture-backed, having raised approximately EUR 1.2 million in a April 2022 seed round led by The Valley Venture Capital alongside international banking and financial investors. Headcount is reported in the 501-1000 range despite the modest disclosed capital base, implying that operating revenue rather than outside funding supports the bulk of operations. The company's stated roadmap includes expansion of DeFi, staking, and lending products alongside broader international growth. Leadership consists of founders Angel Luis Quesada Nieto (CEO) and Álvaro Alcañiz (COO and Co-Founder); no broader management team is disclosed in the available data.
Onyze firmographics
Firmographics- Name
- Onyze
- Legal name
- Onyze Digital Assets S.L.
- Website
- https://onyze.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Onyze is a Madrid-based Crypto-as-a-Service platform, founded in 2018, that provides regulated digital asset custody, exchange, and AML compliance through a white-label API to financial institutions, fintechs, and asset managers across Europe.
- Ownership category
- akta.pro rank
Onyze industry classification
Industry- Product category
- Digital Asset Custody
- NAICS
- Securities and Commodity Exchanges (52321), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)
- akta.pro secondary industries
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO), Staking & Earn Programs (Exchange-Operated) (FSADAAAH), Centralized Crypto Lending Platforms (CeFi) (FSADAFAA)
Keywords
Where Onyze is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Onyze business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Crypto-as-a-Service Platform Fees: B2B service fees for access to custody, exchange, and AML solutions via API integration. Businesses pay for the ability to offer digital asset products to their customers through white-label integration.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Onyze product offering
Product offeringCore offering
Onyze provides a Crypto-as-a-Service (CaaS) platform that enables businesses to offer digital asset products to their customers through API integration. The platform combines regulated digital asset custody (storing up to 99% of cryptoassets in insured, high-security infrastructure), instant exchange of 10+ digital assets, and an in-house crypto AML solution, all delivered via a white-label API that integrates into the client's own interface and branding.
Product overview
Onyze operates as a Crypto-as-a-Service (CaaS) platform providing a unified ecosystem of digital asset services. The platform consists of four interconnected components: the core CaaS platform (which serves as the API integration layer), complemented by three integrated modules — Custody (regulated digital asset storage with insurance coverage), Exchange (trading of 10+ digital assets), and Crypto AML (in-house compliance and risk analysis). The white-label API enables businesses to embed these services into their own interfaces while maintaining their branding.
Differentiator
Problem solved
Functional benefit
Products and services
- Crypto-as-a-Service (CaaS) Platform Unified digital asset services platform that enables businesses to offer crypto products to their customers via API integration with white-label branding. Combines custody, exchange, and AML in one integration layer for financial institutions, fintechs, and asset managers.
- Custody Solution Regulated digital asset custody service compliant with banking security standards, storing up to 99% of cryptoassets in high-security infrastructure covered by insurance policies. Targeted at businesses needing institutional-grade custody to serve their customers.
- Exchange Solution Exchange service enabling instant buying and selling of more than 10 digital assets directly from the vault, combined with regulated custody for a secure and agile trading solution. Targeted at businesses offering crypto trading under their own brand.
- Crypto AML Solution In-house anti-money laundering solution fully integrated with the CaaS platform, providing automatic and reliable compliance with regulatory requirements through exhaustive risk analysis of crypto operations. Targeted at regulated businesses that need integrated AML for their crypto offerings.
Quantifiable outcome
- Up to 99% of cryptoassets stored in high-security custody infrastructure covered by insurance policies
- +1 more outcomes
Companies that use Onyze
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Onyze technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature5 records
Onyze partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CNMVcoreSpanish National Securities Market Commission. Onyze is working side by side with CNMV in both the first and second regulatory sandboxes, demonstrating deep regulatory collaboration and co-development of compliant crypto services.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Onyze competitors and assessment
Company assessmentDirect peers
- Fireblocks: Institutional digital asset custody and transfer platform offering an API-first, white-label infrastructure stack — the same core proposition Onyze targets. Fireblocks is the global category leader Onyze most directly competes with in B2B custody.
- BitGo: Regulated institutional custodian providing qualified custody, wallet infrastructure, and trading APIs. BitGo is a direct competitor to Onyze in bank-grade crypto custody with insurance coverage and API-based B2B distribution.
- Anchorage Digital: Federally chartered digital asset bank offering institutional custody, trading, and staking. Anchorage overlaps directly with Onyze's regulated custody and exchange offering for institutional clients.
- Gemini Custody: SOC-2 insured institutional cold storage service with API integrations. Gemini Custody competes head-to-head with Onyze's regulated custody value proposition for institutional and enterprise clients.
Broad incumbents
- Coinbase Prime: Institutional arm of Coinbase offering custody, trading, and financing. Although broader in scope and US-anchored, it competes for the same institutional client base Onyze targets with custody and execution.
Emerging players
- Coincover: Crypto custody insurance and disaster recovery technology provider. Coincover is adjacent to Onyze's insured custody layer and could integrate with or compete against its AML/security modules.
- Custody Bank: European-focused regulated digital asset custodian providing institutional custody and lending services. Comparable as a regional competitor operating under similar MiCA-aligned regulatory frameworks.
- Wyre: Crypto payments and custody infrastructure provider with white-label APIs. Comparable to Onyze in API-first B2B distribution, though focused more on payment rails than integrated custody/exchange.
- Bottlepay: European fintech providing regulated crypto custody and payments APIs to platforms. Comparable in scope and regulatory positioning to Onyze's white-label digital asset infrastructure proposition.
Regional players
- Lemonway: European payment institution offering custody-as-a-service and payment APIs for platforms. Shares Onyze's European B2B API-first DNA and target audience of platforms embedding regulated financial services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Onyze social profiles
Digital presenceOnyze compliance and trust
Trust signalCompliance4 records
Onyze financial estimates
Financial estimateRevenue estimate
Valuation estimate
Onyze leadership team
Management profileNumber of profiles
Profiles2 records
Onyze funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Onyze M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Onyze
What does Onyze do?
Onyze provides a Crypto-as-a-Service (CaaS) platform that enables businesses to offer digital asset products to their customers through API integration. The platform combines regulated digital asset custody (storing up to 99% of cryptoassets in insured, high-security infrastructure), instant exchange of 10+ digital assets, and an in-house crypto AML solution, all delivered via a white-label API that integrates into the client's own interface and branding.
Is Onyze a public or private company?
Onyze is a private company. It is classified as venture growth investor backed and is currently operating.
When was Onyze founded?
Onyze was founded in 2018. It employs 501 to 1,000 people.
Where is Onyze based?
Onyze is headquartered in Madrid, Spain, in the Europe region.
How does Onyze make money?
One revenue line is on record: crypto-as-a-Service Platform Fees.
Who are Onyze's main competitors?
Direct peers on record are Fireblocks, BitGo, Anchorage Digital and Gemini Custody. Coinbase Prime is listed as a broad incumbent. Emerging players are Coincover, Custody Bank, Wyre and Bottlepay. Lemonway is listed as a regional player.
Does Onyze have an API?
Yes. Onyze offers a Crypto-as-a-Service (CaaS) API that serves as a single point of integration with any user agent, backend, or third-party channel. The API enables businesses to integrate crypto custody, exchange, and AML services into their own platforms with white-label capabilities. All communication is over secure channels with encryption in transit and at rest. Authentication is required before accessing web services. Regular penetration tests are performed for security.
What industry is Onyze in?
Onyze's product category is Digital Asset Custody. Its primary akta.pro industry code is FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated), with a secondary code of FSAFANAO, Digital Asset/Crypto Trade Execution Platforms. Its NAICS code is 52321 and its SIC code is 6200.